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US’ failure to address concerns on dispute settlement a ‘unique position’, India tells WTO

India’s joint proposal with the EU, China and Montenegro seeks changes in the employment conditions of AB judges.

India did not let Russian-owned refinery buy Iranian oil -Iran minister

U.S. President Donald Trump pulled the United States out of a multilateral nuclear deal with Iran in May and reimposed sanctions on Iran’s oil industry last month.

FIEO urges new RBI Governor Shaktikanta Das to ensure smooth flow of credit to exporters

Das, former economic affairs secretary, has assumed charge as the RBI Governor.

US Commerce Secretary to visit India in February for commercial dialogue

He also said and that the Trump administration will send a major trade mission to India next year.

India, EU, China push new hiring norms for WTO appellate body

India emphasised that without an effective system of enforcement of rules, the appetite for new rules or reforms will be limited.

Gifts’ from Chinese apps, e-commeerce companies on govt radar

DIPP has suggested capping purchases of “gifts” from Chinese etailers and apps at four per buyer per year, a senior official said.

Tea exports to Pakistan up 22 per cent during Jan-Oct

Major country-wise exports from January to October stood at 200.38 million kg as against 198.86 million kg a year ago, as per provisional estimates released by the board.

India's gem & jewellery exports may recover in remaining months of FY19

The US accounts for half of India’s gem and jewellery exports and the industry is upbeat due to increasing economic growth, employment rate and private consumption in its largest market.

India, UAE currency swap pact to reduce Delhi's dependency on US dollars

The swap is for an amount of Dh2 billion or Rs35 billion, depending on the central bank which is requesting the amount.

Slow train to China: India's trade ties with Beijing taking time to ripen

As per officials, progress of India-China trade ties is slow and may even get slower due to the trade war truce.

Pakistan-India trade much below full potential of $37 billion: World Bank

Pakistan-India trade much below full potential of $37 billion: World Bank

Sanjay Kathuria, lead economist and author of the document, talking to the media at the World Bank office here said trust promotes trade, and trade fosters trust, interdependency and constituencies for peace.

After long years of skewed trade, China agrees to import more from India

After long years of skewed trade, China agrees to import more from India

India’s exports to China touched $33 billion in 2017-18 while imports therefrom stood at $76.2 billion.

WTO to set up dispute panel in India-US case on steel, aluminium duties

WTO to set up dispute panel in India-US case on steel, aluminium duties

India has a significant export interest to the US on the steel and aluminium sector. India exports steel and aluminium goods worth about USD 1.6 billion a year to the US.

US-China decision to not impose higher tariffs de-escalates hostilities temporarily: Moody's

US-China decision to not impose higher tariffs de-escalates hostilities temporarily: Moody's

Moody's MD, Marie Diron said the US-China relations will remain contentious as the US and China are too strong to cede their respective national interests in negotiations with each other.

Finished steel exports fall over 23%; imports up 17% in October

Finished steel exports fall over 23%; imports up 17% in October

As against exports, the imports grew by 17.3 per cent to 0.706 MT in October 2018 from 0.602 MT in year-ago period.

China says no to India's proposal for bilateral trade in domestic currencies

China says no to India's proposal for bilateral trade in domestic currencies

India had suggested China for renminbi-rupee trade to boost its exports and tackle the widening trade deficit concern.

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